Addverb Technologies plans to build largest mobile robotics plant

Noida based AddverbTechnologies is setting up the world’s largest mobile robotics factory with a capacity to manufacture 0.5 million robots annually, which in terms of size will take on the big Chinese players in the game. The company is leveraging India’s software prowess to build complex robots for the global market and lock horns with global compatitors.

Backed by Reliance Industries, which has invested $132 million for a 54 per cent stake, Addverb Technologies, which was set up in 2016, is aiming to be amongst the top-five mobile robotics manufacturers in the world in the next five years. 

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